
Cheap Apartments for Rent in the Lexington Terrace Neighborhood of Baltimore, MD from $400 (271 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lexington Terrace area of Baltimore.


710 N Fulton Ave

888 W Lombard St

2817 Presstman St

888 W Lombard St

888 W Lombard St

2207 Whittier Ave

1255 Sargeant St

2003 Hollins St

1421 S Carey St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

838 Park Ave

2030 Wilkens Ave

1720 McCulloh St, Unit 4

3320 Auchentoroly Terrace

7 S Carrollton Ave

1016 S Charles St

Total Monthly Price
1716 McCulloh St, Unit 2

Renaissance at Reservoir Hill

2018 N Charles St

910 Edmondson Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

4 W Cross St

Total Monthly Price
20 N Carey St, Unit 3

Hampton Court Apartments

1721 Guilford Ave

Westview on the Avenue

Saint Paul Regency

15 E Read St

Total Monthly Price
1718 McCulloh St, Unit 1

2537 Madison Ave

Queen Esther Apartments
Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers
Explore the best places to live in Baltimore, from Charles Village to Fells Point, with a guide for employees of the city's major employers.

St James Place

Live 501

Total Monthly Price
1820 Madison Ave, Unit Room 3F

Linden Park Apartments (Seniors 62+)

Midtown at Coppin Heights

2572 McCulloh St

Guardian House

Total Monthly Price
Earl Court

The Calvert School Apartments

Walbrook Mill Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

936 N Calvert St

810 St Paul St

831 E Chase St

1432 N Fulton Ave

804 N Calvert St

EastView on the Avenue

1401 Madison Ave

3320 Auchentoroly Terrace

2202 N Charles St

107 W Monument St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Lexington Terrace, Baltimore, MD Local Guide

How much does it cost to rent an apartment in Lexington Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Terrace Studio Apartments | $1,584 | $800 | $6,000 |
| Lexington Terrace 1 Bedroom Apartments | $1,786 | $500 | $4,990 |
| Lexington Terrace 2 Bedroom Apartments | $2,382 | $950 | $8,876 |
| Lexington Terrace 3 Bedroom Apartments | $2,640 | $1,040 | $6,307 |
| Lexington Terrace 4 Bedroom Apartments | $1,531 | $1,231 | $3,130 |
Browse Apartments in this Neighborhood
There are currently 271 rentals with your search options within a 2 mile radius of the Lexington Terrace Neighborhood of Baltimore, MD.
See all Apartments in BaltimoreExplore Baltimore
Lexington Terrace, Baltimore, MD Local Guide
- Nearby Baltimore neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lexington Terrace Apartments for Rent
 The cheapest available apartment rental in the Lexington Terrace area of Baltimore, MD is a 1 Bed unit found at Penn Square I priced from $797. Renaissance at Reservoir Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Lexington Terrace apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penn Square I | 1 Bedroom/1 Bath A | 1BR,1BA | $797 |
| Renaissance at Reservoir Hill | One Bedroom | 1BR,1BA | $880 |
| HI-1001 W Lafayette Ave | 1/1 | 1BR,1BA | $900 |
| Hampton Court Apartments | One Bedroom | 1BR,1BA | $900 |
| Saint Paul Regency | Studio apartment | Studio,1BA | $925 |
| Avon | 1 Beds, 1 Baths | 1BR,1BA | $925 |
Best Value Apartments for Rent in Lexington Terrace, MD
As of April 03, 2026 the best value apartment in the Lexington Terrace area is the $0.96 price per square foot 1005 N Arlington Ave Model at 1005 N Arlington Ave, Unit Arlington A in the in the Inner Harbor neighborhood starting from $2,400. The second greatest value Lexington Terrace apartment is the 2026 Druid Hill Ave Model at 2026 Druid Hill Ave, Unit 2 starting at $1,950 with a $0.85 price per square foot in the Inner Harbor neighborhood. Here is today’s list of the best values for Lexington Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1005 N Arlington Ave, Unit Arlington A | 1005 N Arlington Ave | 4BR,3BA | $0.96 |
| 2026 Druid Hill Ave, Unit 2 | 2026 Druid Hill Ave | 3BR,3BA | $0.85 |
| The Chateau and The Riviera | Riviera - Two Bedroom | 2BR,1BA | $1.13 |
| 2735 W North Ave, Unit #2 | 2735 W North Ave | 1BR,1BA | $1.10 |
| 1720 McCulloh St, Unit 4 | 1720 McCulloh St | 1BR,1BA | $0.85 |
| 1718 McCulloh St, Unit 1 | 1718 McCulloh St | 1BR,1BA | $0.95 |
| 1716 McCulloh St, Unit 2 | 1716 McCulloh St | Studio ,1BA | $0.88 |
| Queen Esther Apartments | 2 bedroom townhome | 2BR,1BA | $1.05 |
| HI-1911 W Baltimore St | 1/1 | 1BR,1BA | $1.11 |
| Penn Square I | 1 Bedroom/1 Bath A | 1BR,1BA | $1.09 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleBeyond the Classroom: Discovering Baltimore's Best Student Friendly Neighborhoods
Baltimore Student Housing - Find your perfect rental! Explore top neighborhoods near Baltimore colleges & universities for vibrant student living.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Lifestyle Ratings
This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Lexington Terrace, Baltimore, and the greater Baltimore area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lexington Terrace Apartments
What is a cheap apartment in Lexington Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington Terrace is under $925.
What is the price of a cheap apartment in Lexington Terrace?
The cheapest apartment in Lexington Terrace is Penn Square I which is listed at $797, while the average apartment in Lexington Terrace costs $2,539.
What types of apartments are the cheapest in Lexington Terrace?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 429 regular apartments in Lexington Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lexington Terrace?
Cheap apartments in Lexington Terrace have an average cost of $1,033 which is $1,506 cheaper than the average rent for all rentals in Lexington Terrace.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Sarah Bregel
There are few cities more eclectic and diverse than Baltimore, Maryland. I should know. I've lived in various parts of Baltimore for most of my life.

Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods
Written by: Sarah Bregel
Baltimore, Maryland is an incredibly vibrant town known for some amazing colleges. I had the pleasure of growing up sandwiched between a few of them.

Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers
Written by: Sarah Bregel
Baltimore, Maryland may have a reputation for being crime-ridden and dirty (you really hurt us, The Wire). But honestly, as a longtime resident, I have to let you in on something: that couldn't be further from the truth.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.